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SADC Lac-St-Jean Ouest — Acquisition Loan + - QC - Canada

SADC Lac-St-Jean Ouest — Acquisition Loan +

Last Update: July 22, 2025
QC, Canada
Supports equipment acquisition for businesses operating over three years

At a glance

Eligible Funding
  • Max. $150,000
  • Up to 120% of project cost
Timeline
  • Unspecified
Financing Type
Loans and Capital investments
Eligible Industries
  • All industries
Funds Providers
Unspecified
Program status
Open

Overview

The SADC Lac-St-Jean Ouest — Acquisition + Loan offers businesses up to $150,000 to support acquisition projects such as purchasing equipment, buildings, or rolling stock. Eligible businesses must be over three years old and currently profitable, with the loan providing flexible terms for up to 120% financing.

Financing terms and conditions

  • Loan amount up to $150,000 per business, exceptionally up to $300,000 under certain conditions.
  • Financing available up to 120% of acquisition costs for eligible assets.
  • Repayment period up to 120 months (10 years).
  • Early repayment allowed up to a maximum of 20% per year.

Activities funded

  • Acquisition of new equipment for business operations.
  • Purchase of commercial buildings or facilities.
  • Procurement of rolling stock or company vehicles.
  • Expansion projects involving the purchase of material assets for established businesses.
Examples of admissible projects:
$ 100,000
Develop an urban greenhouse for sustainable agriculture

Eligibility

  • The business must have been operating for more than 3 years.
  • The company must be profitable.
  • The project must involve the acquisition of equipment, material, buildings, or rolling stock.

Who is eligible?

  • Existing businesses operating for more than 3 years

Eligible expenses

  • Acquisition of equipment
  • Purchase of materials
  • Acquisition of a building
  • Purchase of rolling stock

Eligible geographic areas

  • Businesses located in the Lac-Saint-Jean Ouest region of Quebec.

How to apply

1

Assessment of needs

Identify the equipment or materials to be acquired and the required amount for financing.
2

Contact with the SADC

  • Contact the SADC Lac-St-Jean Ouest to discuss your acquisition project and verify eligibility.
  • Obtain the necessary forms and guidelines for the loan application.
3

Preparation of the documentation


4

Submission of the request

  • Complete the application form by following the instructions provided by the SADC.
  • Send the documents and the application form to the SADC via the method indicated by the organization (mail, online, etc.).
5

Follow-up on the request

  • Wait for confirmation of receipt of the application by the SADC.
  • Participate in any meeting or provide any additional information required by the SADC for the evaluation of your application.

Additional information

  • A personalized follow-up is provided by the SADC professionals throughout the duration of the loan.
Apply to this program

Frequently Asked Questions about the SADC Lac-St-Jean Ouest — Acquisition Loan + Program

Here are answers to the most common questions about the SADC Lac-St-Jean Ouest — Acquisition Loan +. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the SADC Lac-St-Jean Ouest — Acquisition Loan +?

How much funding can be received?

What expenses are eligible under SADC Lac-St-Jean Ouest — Acquisition Loan +?

What is the deadline to apply?

Is the SADC Lac-St-Jean Ouest — Acquisition Loan + a grant, loan, or tax credit?

Who are the financial supporters of the SADC Lac-St-Jean Ouest — Acquisition Loan +?

Who is eligible for the SADC Lac-St-Jean Ouest — Acquisition Loan + program?

Who can I contact for more information about the SADC Lac-St-Jean Ouest — Acquisition Loan +?

Where is the SADC Lac-St-Jean Ouest — Acquisition Loan + available?

Apply to this program

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